The Determinants of Economic Growth in BRICS Countries

Foued Sabbagh
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The Determinants of Economic Growth in BRICS Countries

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Abstract

The purpose of this article is to provide a theoretical framework with a brief literature particularly linking the various determinants of economic growth. These determinants are its basis in the reconciliation of those three theories of exogenous growth, endogenous growth and the convergence between these two forms of growth. In this context, the convergence paths to long-term economic growth requires a set of economic, social, cultural and political factors on either regions, or cross country, or some countries or see all over the world countries. These hypotheses are tested in an econometric study of dynamic panel data from five BRICS countries during the period 2000-2012. The econometric model in this article is presented in the form of a conditional convergence equation to treat the origins of economic growth.

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Foued Sabbagh. 2017. "The Determinants of Economic Growth in BRICS Countries". Global Journal of Management and Business Research, Global Journal of Management and Business Research - B: Economic & Commerce GJMBR-B Volume 17 (GJMBR Volume 17 Issue B4).

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Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

Keywords
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Classification
GJMBR-B Classification JEL Code: A10
  • Submission ReceivedDecember 8, 2016
  • Peer Review Double Blind
    Handling Editor
  • Accepted January 3, 2017
  • Published January 15, 2017
Version of record

v1.2

Issue date
September 23, 2017

Language
French
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The Determinants of Economic Growth in BRICS Countries

Foued Sabbagh
Foued Sabbagh University of Sousse - Faculty of Law, Economics and Politics Sciences Sousse
  • Submission ReceivedDecember 8, 2016
  • Peer Review Double Blind
    Handling Editor
  • Accepted January 3, 2017
  • Published January 15, 2017